5:26
Can I just say I am really happy today? The flip side of the hell of a dissertation is that when things are going well, it is an incredible high.
I want to make a note here so I don't forget (since my desk is a nightmare that eats everything I put on it) of a thought I had earlier this afternoon: In the model extensions chapter I should have a discussion of how personal ethics determine a portion of the auditor's penalty. Since the industry can significantly improve its payoff, if the ethics component is what stops auditors from accepting bribes, by getting rid of the ethics component, there will be an evolution towards defining ethics and responsibility away from the responsibility to look for, find, report fraud...No one should be surprised by the ferocity of the "expectation gap" if you understand that...
I want to make a note here so I don't forget (since my desk is a nightmare that eats everything I put on it) of a thought I had earlier this afternoon: In the model extensions chapter I should have a discussion of how personal ethics determine a portion of the auditor's penalty. Since the industry can significantly improve its payoff, if the ethics component is what stops auditors from accepting bribes, by getting rid of the ethics component, there will be an evolution towards defining ethics and responsibility away from the responsibility to look for, find, report fraud...No one should be surprised by the ferocity of the "expectation gap" if you understand that...
posted by Abby at 8:35 PM
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